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Gulf Cooperation Council

Gulf Cooperation Council latest

Kuwaits Position in the GCC
May 1st, 2019 - 12:19 GMT

As the Qatar Blockade Continues a Neutral Kuwait Remembers the Gulf War

On the 24th of April 2019, Iraq signed a Memorandum of Understanding with the Gulf Cooperation Council (GCC). At the signing in Baghdad, GCC Secretary-General Abdul Latif bin Rashid al-Zayani praised the agreement as a call to frequent “political consultations [between Iraqi and GCC representatives] to allow for regular dialogue on issues of mutual interest.” His Iraqi counterpart, Foreign Minister Mohamed Ali al-Hakim agreed. “The security and safety of the ...
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S&P says that Jordan's economic outlook remains negative due to the impact of the Syrian crisis on the country, including the refugee influx in Zaatari refugee camp and throughout the country (AFP/Getty Images)
November 3rd, 2013 - 07:45 GMT

Standard & Poor affirms Jordan's credit ratings, but outlook 'negative' from Syria crisis

The GCC and the EU should break the current impasse and explore ways to re-engage.
October 30th, 2013 - 09:00 GMT

Will the GCC, EU ever find the way to go bilateral?

The total cost of building the common network is estimated at $10.5 billion – $3 billion for desalination plant construction and $7.5 billion for pipelines, pumping stations and reservoirs.
October 24th, 2013 - 11:58 GMT

GCC commences studies on common water network

Last year the LCCs in the Middle East grew to 13.5 per cent, a modest 1.8 per cent increase on the previous year according to travel and tourism IT solutions company Amadeus.
October 20th, 2013 - 07:37 GMT

Flying cheap: time to buckle up for low cost flights in the Middle East

The Saudi Foreign Ministry, headed by Minister Prince Saud Al-Faisal, announced its rejection of its UNSC seat Friday in protest of "[how] the method and work mechanism and the double standards in the Security Council prevent it from properly shouldering its responsibilities towards world peace" (Andrew Burton/Reuters)
October 20th, 2013 - 06:36 GMT

While UN ambassadors urge Saudi Arabia to reconsider its UNSC seat, GCC and Qatar back KSA's decision

Although the outlook for the Saudi economy in the next 18 months is relatively bullish, a sudden and persistent downturn in the price of oil would represent a key downside risk to our growth forecasts.
October 18th, 2013 - 08:22 GMT

Saudi consumers unaffected by oil sector contraction

In April 2013, Jordan received the second tranche of the loan to finance projects under the programme, at a total of $385 million
October 13th, 2013 - 09:40 GMT

Two 'Eids' in one? IMF to dispense third tranche of its loan to Jordan

Out of 148 countries, the World Economic Forum’s Global Competitive Index ranked Lebanon as the worst nation in the world on the quality of its electricity supply.
October 7th, 2013 - 11:42 GMT

Economic review of the ME: Who's growing and who's going downhill?

"The GCC countries remain pillars of stability in the global oil market at a time when uncertainties are arising elsewhere."
October 6th, 2013 - 07:13 GMT

Not too stellar for the overachiever? GCC growth rates to hit 3.7% this year

The GDP growth rate on average is likely to taper off due to the decline in energy export revenues which marked a historic high in 2012.
October 2nd, 2013 - 07:27 GMT

The glass half full? Arab countries' GDP growth reached 4.8%

A key economic report has rated Bahrain’s economy as the least competitive within the Gulf Cooperation Council (GCC).
September 29th, 2013 - 04:30 GMT

How Bahrain's politics is standing in the way of its economy

A feasibility study into the GCC rail project was concluded in 2009 and the scheme is expected to involve the construction of 2,177 kilometers of track and cost at least $15.5 billion to $20 billion.
September 24th, 2013 - 09:59 GMT

GCC Rail Network: from concept to execution

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